In a city of two million, Cambodian capital Phnom Penh, with an annual average population growth rate of 3.33 percent, is no stranger to daily traffic congestions that choke its main thoroughfares.
Known as the human-centric truck company, Volvo Cambodia practices its corporate social responsibility (CSR) as a commitment to conduct business in a responsible manner, to take stakeholders’ perspectives into account and to create value for its business and society.
Despite a 40 percent rise in the Cambodian Securities Exchange year-on-year, from 344.56 points for a market capitalisation of $442.92 million (KHR1.77 trillion) against $303.80 million in 2017, with a net profit margin average of 14.58 percent, the local bourse has been sluggish.
Investors are entering 2019 with wary thoughts after a year of weak performance characterised by extreme bouts of volatility. The S&P 500, considered the bellwether of stock performance, ended 2018 with its biggest yearly loss since the global financial crisis.
Exclusive Nissan distributor, Tan Chong Motor (Cambodia) Pty Ltd is facing off competition including a large secondary market by ramping up its marketing strategies in preparation of an upper middle-income boom in Cambodia.
In most developing countries, the small and medium enterprise (SME) sector is often the backbone of the economy, propping up larger industries with sustainable and steady supply.
A projected slowdown across major global economies in 2019 is a drag on the demand outlook for the entire South-east Asian region, where many developing and emerging nations rely on exports to power growth.
Even without the removal of Everything but Arms, Cambodia’s economy is vulnerable to slowing garment, footwear and rice exports
2019 promises to be an exciting year indeed. Since 2017, Cambodia’s nascent fintech sector has quickly grown and developed, and this has come alongside the continued growth and development of fintech and financial services in the Kingdom in general.